Pakistan Real Estate Market Analysis Historical Trends and Current Outlook
Introduction Pakistan’s real estate sector is a major store of wealth, estimated to represent 60–70% of the country’s assets (valued around $700–1200 billion) imlaak.com . It has historically attracted heavy investment as a hedge against inflation and a haven for undeclared capital, resulting in rapid price growth but also periodic bubbles and corrections. Over time, property values in key cities have risen dramatically, outpacing incomes and creating affordability challenges. The market’s evolution has been shaped by cyclical booms and busts, government policy shifts, and the pressures of urbanization. In recent years, authorities have introduced regulations to increase transparency and taxation in this traditionally opaque market, even as new incentives spur development. This report provides an in-depth analysis of Pakistan’s real estate market over time, covering property price trends in major cities, changes in the rental market, the impact of government policies, investment aven...